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UmarAbdurRehman

SPX500 breaking channel - Possible Big Short

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S&P 500 index (FX:SPX500)  
UmarAbdurRehman Uppdaterad   
FX:SPX500   S&P 500 index
Chart Patterns Trend Analysis Technical Indicators spx500short S&P 500 (SPX500) spx500forecast spx500usdshort EUR USD jpy GBP CAD
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chartpattern trendanalysis indicator spx500short spx500 spx500forecast spx500usdshort eur usd jpy gbp cad
SPX500 have been trading in a narrow range channel - so far it broke the base of the channel, expecting this market to break down which is more probable scenario to me at the moment, but if it doesn't then i am looking the top of the channel for a short trade.

As this market is bearish trending and momentum on all across higher time frames supporting the view, so keep watching this market for a big trade opportunity.

Trade Safe!
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snapshot
Watching the top for a possible short setup.

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